EnGold Arranges $600,000 Non-Brokered Flow-Through Financing

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EnGold Arranges $600,000 Non-Brokered Flow-Through

Financing

For Immediate Release. March 24, 2021. Vancouver, BC. David H. Brett, President &

CEO, EnGold Mines Ltd., (TSX-V: EGM, “EnGold” or the “Company”) reports that the

Company has arranged a non-brokered private placement of 10,000,000 flow-through

units at a price of $0.06 per unit for gross proceeds of $600,000, subject to TSX Venture

Exchange acceptance. The units consist of one flow-through common share and one

half of one warrant, whereby each whole warrant will entitle the holder to purchase one

non-flow-through common share at a price of $0.10 per share for a period of two years.

The proceeds will be used to explore the Company’s Lac La Hache Project in the

Cariboo region of BC.

About EnGold

EnGold is a Vancouver-based copper, gold, silver, magnetite exploration company

focused solely on its 100% owned Lac La Hache property in the Cariboo region of BC

which hosts the Spout Copper Deposit, the Aurizon Gold Deposit and the G1 Copper

Deposit and other targets within a large porphyry mineralizing system. With world class

infrastructure at its doorstep, Lac La Hache is a great location to be exploring.

EnGold Mines Ltd.

David Brett

President & CEO

For further info contact David Brett, 604-682-2421 or [email protected]

This news release may contain "forward‐looking statements". Readers are cautioned that any such statements are not

guarantees of future performance and that actual development or results may vary materially from those in these "forward

looking statements.” Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.